While exploitation activities ensure current revenues, exploration activities will provide future sales.

EXPLORATION in restaurants allows for the creation of new dishes and menus that establish a reputation as innovators, which can be rewarded with Michelin stars.

As the size of a company increases, studies demonstrate that creativity and innovation are boosted as well, since there is a larger number of employees who can come up with new ideas.

While the age of a company brings valuable expertise and know-how to innovate, older companies tend to be risk-averse and produce more incremental innovations compared to younger companies.

Encouraging intrapreneurship means fostering top-down innovation, i.,e., driven by founders and top managers, as the cases of Steve Jobs at Apple or Bill Gates at Microsoft.

To boost intrapreneurship in a company, leaders must ensure support to the employees while controling what intrapreneurs do on a daily basis.

To promote intrapreneurship, companies can organise hackathons, which are events, typically lasting several days, in which a large number of people come together to engage in cross-functional collaborative projects focused on a particular theme or purpose.

A startup faces greater limitations of resources compared to a spin-off, which is supported and backed by a large company's resources.